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VW's European Market Share Falls in First Month of Scandal

2015-11-17 11:28:00| Auto Dealers - Topix.net

Volkswagen AG lost market share in Europe as its sales declined in October, the first full month since the carmaker's emissions-cheating scandal became public. The German manufacturer accounted for 25.2 percent of new-car registrations in the region last month compared with 26.1 percent a year earlier, the Brussels-based European Automobile Manufacturers' Association, or ACEA , said Tuesday in a statement.

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